Econocasts

Friday, May 3, 2013

At the request of a friend, here is the latest and greatest set of gold cycle charts. I am happy with the performance of this model, and it is predicting a double bottom for gold. There are slight price/turn date changes from the previous iteration. The $1375 price bottom should be taken with a grain of salt, though the standard error suggests $1375 +/- $250. I have more confidence in the turn dates. When is Spring coming to the Northern Hemisphere is what I'd like to know! Have a great weekend.